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The former boss of the largest electricity company in the US is to get a $44m payoff - for just 20 minutes work.
Bill Johnson was in charge of the newly merged Prospect Energy and Duke Energy for less than an hour before he was ousted.
According to Securities filings he could walk away with the colossal farewell package in what a former colleague has called ‘the most blatant example of corporate deceit’ he had ever seen.
Utilities regulators are now considering investigating his abrupt resignation amid protests from shareholders.
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more at the link above
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